Month: December 2011

‎"People ask how can a coalition government of millionaires be still winning in the opinion polls despite its cuts and deeply hostile attitude to public services? In my view it is because of the failure of leaders in the Labour party and the trade unions to make a credible stand. Unions now have to make a decision of enormous significance: accept the government's proposals on pension age, contributions and the value of pensions, or demand real negotiations on the real issues." Mark Serwotka, PCS

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..by David Wearing. Naiive but lovely. The problem isn’t that it is dawning on our ‘political class(incl the ‘new left…) that Labour are making the ‘wrong’ decision on finance. What is dawning on the rest of us, are the implications of Labour having no choice in the matter.

The economic approach that Labour are required to take, goes to the heart of the ALL Labour’s social and economic policy. The ‘centrist’ position. The Charles Moore article is not him coming over to the left, it’s dawning on everyone that the consequences of this are far bigger than ‘left/right’. Moore’s last line about not allowing this to rest on the stupidity of ‘the left’, the most important line in that article. ‘ The point David raises about the identity of the City of London, US banks and the ‘big bang’, crucial to understand in context of what just happened in Europe.